13th Nov 2024 08:33
Schroders PLC - London-based asset and wealth manager - Starts share buyback worth up to GBP20 million on Wednesday. The buyback will be run by Barclays Bank PLC and be completed by the end of December. The repurchased shares will be held in treasury to meet awards under Schroders's employee share schemes, or otherwise will be cancelled to reduce capital.
Current stock price: 301.60 pence for GBP4.84 billion market capitalisation
12-month change: down 22%
By Tom Waite, Alliance News editor
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